Latest from Sheldon Reback
Billionaire Alan Howard’s crypto incubator WebN closes down
WebN backed innovative digital asset firms like KAIO, Twinstake, TruFin and Geometry.
Circle shares surge by record 35% as USDC issuance drives estimate-busting earnings
The issuer of the USDC stablecoin posted EPS of 43 cents for the fourth quarter, beating the consensus estimate of 16 cents. The shares surged 35%.
U.S. Senator opens probe on Binance over alleged $1.7 billion flow to Iranian entities
Richard Blumenthal sent Binance co-chief Richard Teng a letter asking him for records about the exchange’s dealings with Iran-linked entities and the alleged dismissal of its investigators.
Crypto rebounds from oversold levels, altcoin season indicator revisits January high
Bitcoin rose as much as 3.7% overnight before paring gains, while altcoins outperformed and the altcoin season indicator hit its highest level since January.
Crypto firm with U.S. bank charter holds bitcoin holder Strategy's preferred stock
Anchorage Digital, the first federally chartered U.S. crypto bank, has added perpetual preferred stock in bitcoin treasury firm Strategy to its balance sheet.
Stripe's Bridge sees stablecoin volume quadruple as utility insulates from 'crypto winter'
The payments giant says Bridge, its stablecoin arm, saw its transaction volume sky-rocket through last year as stablecoin adoption is decoupling from crypto cycles.
Coinbase adds stock, ETF trading as it expands beyond crypto
The move pits Coinbase against Robinhood as it pushes to become an “everything exchange.”
Cipher Digital shares rise 6% as the firm rebrands from bitcoin mining to HPC, earnings miss
The company's earnings came in below estimates as the miner leans into large scale data center buildout.
Canton advances cross-border repo to free up $300 trillion assets via tokenization
A group of global financial firms tokenized a repo transaction with U.K. government bonds for the first time.
